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is entitled to know a key member of his foreign policy team, head of the cia, general petraeus is more of a player than any other cia director i'm aware of. he was sent around the world negotiating agreement was countries because of his vast military experience. thought you have a key player be under a cloud, ethical cloud, possibly subject to blackmail and intimidation. the -- attorney general and the fbi director certainly attorney general had the absolute obligation to tell that to the president and let him decide what he wanted to do. to me, that's -- this is not -- just a matter of what is criminal or not. the pact is that -- just -- alone, there is an investigation, president has to be told that. because otherwise, it can -- totally tie up his foreign policy and could cause tremendous embarrass many internationally. again, decembertition president is to make. not the attorney general. >> why didn't he? i mean, there's a bunch of questions like this. why wasn't the president told about this investigation, cia recollect oo oo oo oor -- detec petraeus. why wasn't america told about
consumption led growth model. >> and is it going to comatethe perhaps its biggest and foreign policy challenge will be the middle east, is going to potentially be iran? >> absolutely. what can we do make them be more constructive there, not support iran, but to lead to a change there. >> phil, thanks for that. he's written loads of books. let's show where you we stand with the u.s. futures right now ahead of this particular market. right new pretty flat the open for the s&p 500. the nasdaq is around five points above fair value and at the moment, we are five points below fair value for the dow. so looks fairly flat. european stocks down most of the session. bond yeeds certainyields certai looking at. >> if we look at the bond space, we can get a sense of why the italian ten year, this is the one to watch breaching the 5% level today. it has come down a little bit from the session high. perhaps indicating something of a floor below the market levels that we're seeing this morning. but certainly one to watch as we continue to gauge fallout across the eurozone as to whether greece ahead of budget
. john, u.s. foreign policy in the middle east, maybe elsewhere, but in the middle east right now in the wake of libya and benghazi, we are at low ebb, john, in the eyes i dare say of middle eastern countries and in the eyes of european countries and maybe in the eyes of asian countries. our cia director is gone. there's some kind of sex scandal going on. they all testified today on benghazi. no one knows what came out of that. my point is this, if president obama is asking the president of egypt who has sympathies with all these terrorists and guerrillas, where's the clear statement that the united states government supports the right of israel to defend itself, just flat-out from the president himself? >> the president of the united states, beginning of arab spring, chose the wrong side, larry. he chose the arab strongmen. they now believe the president can be treated as a chump and they can attack israel without risking themselves. that's what's going on right now. i mention this. there is a good report that that missile that landed in tel aviv was not fired from the gaza strip
as much oil as it does currently, perhaps for energy to be such a focal point of its foreign policy won't be so large. and already you have exactly within the oil and gas industry pushing the case for shale on the basis that it would save the country a lot of money on overseas military expenditure. >> if you take in that oil, shale gas together, how much is that revolutionizing the american economy and also the global gas and oil industry itself? >> we're already seeing some big impacts in terms of when you see home consumers shifting from diesel to heat their homes in the u.s. to gas, we've seen a lot of shifting and that's certainly impacted oil demand in the u.s. but perhaps the real game changer could be yet to come. there is a lot of talk about natural gas vehicles. we're already seeing moves on that. the figures that the iea is putting out today, these really don't take in a major shift towards natural gas as a transportation fuel. p but a lot of people in the u.s. are predicting this could happen and that's on the basis oil remains reasonably expensive and gas is very cheap. if t
bernstein, foreign economic policy adviser to vice president biden and senior fellow at the center on budget and policy priorities and wilbur ross is joining in with us, too, he's sticking around because we begged him too. we'll have more from all of them in a moment. first andrew has your morning headlines. >> we've got some earnings news this morning, dow component walmart reporting third quarter profit of $1.08 per share, one cent above estimates. revenues were light and full year forecast falling below street consensus. walmart saying an internal investigation has unveiled allegations of foreign corruption practices act in three more countries, so we're going to add china, india and brazil to the list, the issue first surfaced regarding walmart's mexico operation and there was an sec -- >> i had said before the company said in the release it's been informed by the doj and sec it's been the subject of investigation into possible violations of the foreign corrupt policies act, but it's the brazil, china and india aspects that changed the story a little. >> so the earnings plus that news pu
Search Results 0 to 4 of about 5